CG Corp Global makes $10 million investment in Serbia inspired by its investor friendly policy & professionalism

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A special Report by Bipin Sharma

The India office of Nepal based global conglomerate CG Corp Global hosted Branislav Nedimovic, Minister of Agriculture, Forestry and Water Management of Serbia at a bilateral talk and industry ‘meet and greet’ at Taj Vivanta, Gurgaon on 3rd November’17. It was on the invitation of the Head of Indian operation and Director CG Corp Global, Varun Chaudhary that the Minister came to meet Indian businessmen and entrepreneurs to share Serbia’s open and investor friendly policy towards Indian businesses. Given the recent visit of Mr. Aleksander Vucic, the Honourable President of Serbia and ongoing growth between the two countries this event gains higher relevance.

Speaking on the occasion, Varun Chaudhary said, “As a group we were deeply impressed with the Serbian Government’s speed and level of professionalism and their openness to help private sector from India to invest in Serbia. CG Corp invested approx $10 million in the country and has set up their newest Wai Wai plant in Serbia which was inaugurated by His Excellency, The President of Serbia himself.”

Given the strategic location and specialty in Agro and Tourism, Serbia offers colossal opportunities. The industry event offered a good opportunity to other potential investors to interact with the Minister and his delegation for gaining a first-hand impression of Serbia and the vast investment potential.

Based out of Kathmandu, Nepal, Chaudhary Group has over 100 Companies under its umbrella and an investment outlay of over $1Billion. Being the first Nepalese organization to have a distribution network spanning the subcontinent, it has made substantial presence in South Asia’s fiercely competitive Food and Beverages market. Their Food & Beverages products have been a common household name in Nepal for decades. With ISO 9002 certification, providing the lead, their F&B products have crossed the borders to become a favourite in South Asian cities. Chaudhary Group forms an intrinsic part of every realm of life from Biotech, Cement, Education, Electronics & White goods, Energy and Infrastructure, Financial Services, FMCG, Hotels & Resorts, Realty to Retail. The company offers its products and services through dealers, distributors, retailers, and suppliers.

 

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